Exchange Professional Centre — Sale in Allen, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Allen, TX 75013
  • Year built: 2015

Investment Figures

Cap rate
4.03%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Exchange Professional Centre is a three-tenant center located in Allen, Texas, a rapidly growing suburban market within Collin County. The property offers 7,812 square feet of retail and office space, with 69 percent occupancy. Currently, the property is anchored by two medical tenants, with Lone Star Kids Care Pediatrics recently renewing its lease for five additional years. Both tenants are secured under triple-net leases, and Allen Always Smiles Orthodontics lease has a personal guarantee. The building was constructed in 2015 and is positioned on a 1.03-acre lot. The property is located in a prime, high-traffic retail corridor along Exchange Parkway, near the intersection with Alma Drive. With a cumulative daily traffic count of 33,882 vehicles, the property enjoys significant visibility and accessibility. The asset is situated directly across from Sprouts Farmers Market, a high-performing, necessity-based grocer that drives consistent daily traffic to the immediate trade area. Exchange Professional Centre is also conveniently located near key regional drivers, including local school campuses, the Stephen G. Terrell Recreation Center, and Collin College Technical Campus. The area is experiencing continued development, with new residential and retail projects increasing the demand for retail spaces. Investment Highlights: • Value-Add asset with essential service tenancy • Current Average Rents are Well Below Market • Proximity to Major Employment & Economic Drivers • Dynamic Demographics

Market Context

This office in Allen, TX is listed for sale. It is offered at an approximate 4.0% capitalization rate, a key benchmark for income-producing office assets. The building dates to 2015. It has been on the market for 101 days. Compare it against other office listings for sale in Allen, TX — view the full market.

Contact

Explore this market

Similar Office for Sale in Allen, TX